Trade Balance (CNY) – 12/01
- Donald Herison
- English
- ANNOUNCEMENTS
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What is it? It checks the difference in value between imported and exported goods during the previous month.
Export demand and currency demand are directly linked because foreigners usually buy the domestic currency to pay for the nation's exports. Export demand also impacts production and prices at domestic manufacturers.
When? January 12th Tentative.
Trading Tip: If the number is higher than the forecast, you can expect the CNY to rise.
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